I actually like fear in the market. Shorting at the right moment makes me the best profits, which is that I can buy back Bitcoin at far lower levels. An increasing price is meaningless to me since I don't care about fiat value. I just want to see my Bitcoin quantity keep swelling throughout the years, and these corrections are the best possible outcome to accomplish that.
Smart retail traders are accumulating around current levels, where I think that the more professional bobos will prefer to wait for their chart to lick their ass and make them comfortable to start buying. As long as you average your buys on the way down you'll be doing well. It requires some patience, but patience in this market pays off.
Smart retail traders are accumulating around current levels, where I think that the more professional bobos will prefer to wait for their chart to lick their ass and make them comfortable to start buying. As long as you average your buys on the way down you'll be doing well. It requires some patience, but patience in this market pays off.
I totally agree. If you know when to short, even with small scalps and a decent position size, there's so much money you can make right now. The profits when shorting are coming much faster than going long. For a bear the actual is a blessing.
And I also agree that it is all about accumulating more and more Bitcoin. Crypto winter is the time where we have to do that. Then when the next bull run starts you can lay back and watch Bitcoin going moon.